Market outlook and day trading ideas for 14th Oct.

US markets roared back.
DOW and NASDAQ both are up 11% odd.
This is the biggest ever single day gains for Nasdaq as well as Dow.
Our markets will surely do the same thing.
Yesterday we saw a big short covering in the way.
We will open with a gap up of at lest 400 points.
The support for the Sensex is 11000 and the resistance to the up move is at 11761-12230

Nifty: (3490) the support for the Nifty is at 3300 and the resistance to the up move is at 3620-3702-3751

Day Trading Ideas.

Adlabs

Buy above 242 for targets of 248 & 253.

Sell below 232 for targets of 227 & 222.

Happy Investing.